Carlos Slim
Carlos Slim
Carlos Slim Helúis a Lebanese Mexican business magnate, investor, and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world. Known as the "Warren Buffett of Mexico", he derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. As of 31 July 2016 he was #7 on Forbes list of billionaires, with a net worth estimated at US$50 billion...
NationalityMexican
ProfessionEntrepreneur
Date of Birth28 January 1940
CityMexico City, Mexico
CountryMexico
You need to support human development and human capital as much as possible. And we've had 25 years of programs, great programs. We supported 125,000 surgeries. We fund 15,000 scholarships every year for college and higher education. We gave bicycles for rural areas. We gave laptops.
If Wal-Mart invests a billion dollars and others invest $100 million, Wal-Mart is going to grow more.
First I opened a check account. I looked at the - I looked that there was nothing of yield. So I bought some bonds. It was a bond. When I bought this bond, it was duplicated in 10 years. I think it was 10 percent.
I think I can work with any of them.
You should have more time for you during all of your life - not when you're 65 and retired.
The artistic part of us all - I think that the easiest way to appreciate this - is through architecture. Architecture is very impressive; the beauty of buildings, temples.
I think I can work with any of them. We are going to continue investing, whoever wins. We think long term, not just four or six years. We believe the country is strong, like almost all the countries in Latin America.
Any personal crisis - you have to use it to get stronger.
At 25, I made many companies. I was thinking more like a businessman or entrepreneur than a CEO. I created many companies, small companies, medium companies. I tried to be involved in many kinds of activities, in finance, in real estate, in mining.
Profitability is coming from productivity, efficiency, management, austerity, and the way to manage the business.
I buy companies for strategic reasons and operate them.
Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.
How can you be on top of the things you do? I think when you are involved in a business, first of all you need to know the business. After that you know the business, you can - the numbers tell you what is happening. You can read with the numbers.
The year 1983 was crazy. People wanted to sell not only their investments... but also their companies.